Tuesday, July 29, 2008

DRAGONS' DEN NIGERIA

Hi Everyone!How r u guys doing? Sorry for the break in transmission. Slow internet service is a real downer!!Anyway, what have you been up to?I have been enjoying my holiday.My birthday was this weekend!!! Feel free to leave some birthday prayers in the comment section. Much appreciated. Had a fab time anyway.

I watched the first episode of Dragons' Den Nigeria this weekend. I was really impressed.Dragon's Den is an entrepreneurial reality show which allows budding entrepreneurs with the opportunity to present their business ideas to 'Dragons' - established business titans who then have the option of investing in their companies. Each player pitches a business scheme, telling us how much they need to float the business. The Dragons can invest as much or as little as they like in return for...an agreed percentage of the business.

Each Dragon can pledge as much money as they like, or nothing at all. But players have to raise ALL the cash they ask for. If an idea need 1,000,000 Naira and the Dragons offer a total of 750,000k, the player leaves empty handed.The show has had successful runs in various markets including the UK and Canada.

Check out some details below.You can watch the show on Saturdays & Sundays.Saturday on Channels 1-2PMSunday on AIT 9.30-10.30PMFor those outside Nigeria - You can watch at the appropriate times via JumpTV

John Momoh

Media Mogul - Owner of Channels Television

Alexander Amosu

Chris Parkes

Tokunboh Ishmael

Accomplished Financier - African Venture Capital Association

Femi Tejuoso

Multi-Industry Private Equity Investor - Helios Towers Nigeria Ltd

Ibukun Awosika

SME Pioneer - The Chair Centre Limited__________________________You can read the scoop on the first episode on their website HERENiyi Tabiti also has details on his blogReally positive programme. I consider this as entertainment with a cause.From the first episode, the production was top notch! Storm Vision did a great job.